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New prepaid plans from Verizon on February 1

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Verizon prepaid got with the times — somewhat — early last year when they announced a prepaid smartphone plan. Like most others it provided unlimited talk and text, but afforded users just 1GB of data for $80 per month, well above the market rate. They later doubled the data in a promotion that ends January 31. But the day after that they’ll introduce two new plans that will put them more in line with the competition. They’re still a bit more expensive, but these plans are much more palatable than the previous $80 plan.

In fact, Verizon has essentially taken the $80 plan, with the 2GB promotional data, and made it their $70 monthly plan. To rephrase, that’s unlimited talk and text, plus 2GB of data, for $70 per month. There is also a lower tier which provides unlimited talk and text, plus 500MB of data, for $60 per month.

Again, this isn’t going to compete toe-to-toe with Straight Talk. It doesn’t even match unlimited plans from big name competitors such as AT&T GoPhone.

This plan will become available February 1. While $80 plan users are grandfathered in, none should take up Verizon on this offer. They can get the same features for $10 less with the new plans.

Actually, it does compete against Gophone. Verizon is being more generous with quantity of data for the money then Att is despite it being 3G. Att needs to react or Tmobile will destroy them with their refarmed network and cheaper/faster data and Verizon will smash them with network coverage .